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Question 3 of 3 --/1 Current Attempt in Progress Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2020 are as follows. Production Data -Basketballs Percent Complete Units Work in process units, July 1 550 60% Units started into production no Work in process units, July 31 100 40 % Cost Data-Basketballs Work in process, July 1 Materials $750 Conversion 610 $1360 Direct materials 2,370 Direct labor 654 Manufacturing overhead 1,280 Calculate the equivalent units of production for materials and conversion costs Materials Conversion Costs Equivalent Units eTextbook and Media E Calculate the unit costs of production for materials and conversion costs. (Round unit costs to 2 decimal places, eg. 225) Materials Conversion Costs Cost per unit $ eTextbook and Media Calculate the assignment of tests to units transferred out and in process at the end of the accounting period, Costs accounted for Transferred out Work in process, July 3L Question 3 of 3